Bitcoin Forum

Specifications

• Algorithm: x13
• Block generation: 1 minute
• Difficulty retargets: DGW
• Reward starts at approx. 6.66 coins per block
• Block reward: 25 until block 20000 (2 weeks), 1 after block 20000
  
• Total supply: 8 million coins (first 2 weeks) +  525,000 every year

ICO Details

• Size: 55 BTC
• Coins distributed: 7,5M
• Price per coin: 733 satoshis
• Ending time: 31st December 20:00 GMT+0 Countdown (http://www.timeanddate.com/countdown/generic?iso=20141231T20&p0=78&msg=Magnetz+C-Cex+ICO&csz=1)
• Note 1: A BTC buy wall will be placed @ 733 satoshi 3 days after the ICO ends, the size of this buy wall will be equal to the amount if btc raised during the ICO - coins spent by the team. The dev team will be taking it down as funds are required. (fixed)
• Note 2: Unsold ICO coins will be destroyed.

ICO Funds

• Pay for the blockchain torrent search engine development and maintenance (this is the key to the success of the project).
• Marketing and promotion funds.
• Hire a community manager.

Wallets
Windows (http://www.mediafire.com/download/gjbc027sje001b1/magnetz-qt.zip)
Mac (http://www.mediafire.com/download/rnkwu8derwkr6sx/Magnetz-Qt.app.zip)

Source code (https://github.com/magnetzproject/magnetz)

Exchanges
C-Cex (https://c-cex.com/?p=mgt-btc)


Pools

Magnet.suprnova.cc (http://Magnet.suprnova.cc)

MGNT.HASHLINK.EU (http://MGNT.HASHLINK.EU)

coinking.io (http://coinking.io)

http://aikapool.com/mgt

http://mgt.miner.blue

http://www.backup-pool.com/

http://aikapool.com/mgt



"What is Magnetz? - Meet Joe."


https://i.imgur.com/pF6aNBHl.png (http://youtu.be/j7doWRSG834)

C-cex ICO  ::)

When does POW start after the ICO? and if so how long after the ICO??

PoW will start at the same time as the ICO (6 days from today).

Seems interesting how will the torrents be used?

Good question! Magnet links will be attached to transactions and they will stay written in the blockchain forever, when the open source search engine is out the dev team will be adding the existing torrents to the blockchain (+-4M torrents) and we will have a torrent-adding bot to add the latest torrents to the blockchain. Users can also add their own magnet links to the blockchain. This prevents the global torrent database from being taken down.

We have a video coming out that might answer some of the f.a.q.

7,3k sat per coin is too much...

Thanks for the quick response to my question I will probably partake in this party :)

Suprnova added to the list of pools!

"What is Magnetz? - Meet Joe."

Coming Soon.


https://i.imgur.com/pF6aNBHl.png

I must say, this is some innovative concept, but when I see ICO I can't help myself not to think about scam, premine (not saying that it is)...
Hope that this time will be different than other fail coins.

Thank you for your interest, we will try to be as transparent as possible and ICO funds will be available @ ICO price for investors who want out.

____

As requested via pm we added a countdown to the top of the OP.

Interesting! And other information  like a wihtepaper? and how can i take part in the ico?

Whitepaper is coming on the 27th (see the roadmap on the bottom of the OP). We are also releasing an explanatory video (Meet Joe) to "pitch" the idea.

ICO will start on the 26th (coinciding with PoW start).

Can I ask you why this needs it's own specific coin? Couldn't something be built within the bitcoin network or at least on top of it?

How many coins are available in the ICO? 7.5 Million?

hey man,X11 algo is really a bad choice for it's raped by FPGA.

We are using x13.


Theoretically something like this could be built on top of the bitcoin blockchain but the idea is to implement the magnet links directly into the blocks. Think about the magnet links and the information that comes along with them (torrent title and date) as the information about a transaction, to insert this type of info directly into a block using bitcoin's blockchain we would need to fork it and have people using it instead of the actual one, and that's not a feasible option for a small team like ours.  

There will be 7.5 Million distributed through the ICO.

EDIT:


Hey!
No need to come here and start bashing other people's projects. We actually read your thread before announcing Magnetz and although our projects might share some common ground, they differ in some key aspects. From what I read you guys are still trying to get an in-wallet torrent client and torrent metadata in the blockchain out.
We will also have torrent metadata in the blockchain (and are 2 weeks away from this) but that's not the core of the project (although it's a necessary step). The main objective of our project is get out of the cryptospace and directly compete with the biggest torrent sites out there by proving an opensource and blockchain supported torrent tracker website.
So we don't see where the "clone" part is, we are competitors and this competition might even be the best for both projects, we will want to stay ahead of you and you will also keep an eye open for us.

Can you please point out some of the key different of your project from vTorrent? I don't mind having competitors and I am looking forward to see how your project will turns out after ICO.

I still don't understand your reason for wanting to raised 55 BTC even before having 'torrent metadata in the blockchain' already implemented, especially since as you replied that it would be only 2 weeks away from now.

And my main reason for posting in your thread is just to clarify that vTorrent is not in anyway related to Magnetz as there are users questioning me about relation of two projects. vTorrent is and will always be pure mining based crypto-currency and there will be no ICO/IPO with vTorrent.

Regards

Just worry about vTorent bro :) your coin will surpass these other imitation coins and copycats ;)

Hi @MAGNETZ devs  ;)
Can you please explain us why the ICO is from about 55BTC? Where's going to go that investment? Just to pay devs work or to innovate and work in the community?

IMAO 55BTC for development purposes it's too much, so could be interesting to know where or how you're going to use that 55BTC (or the ones that you earn with the ICO) to know if that's a real and useful project.

I don't want to see another scam-coin, but I like your idea! so more details can help investors to decide if it's good to invest or not, you know  :D
Thanks!

Good question, we will add this info to the OP.
The ICO funds will be mainly used for 3 things:
-Pay for the blockchain torrent search engine development and maintenance (this is the key to the success of the project).
-Marketing and promotion funds.
-Hire a community manager.

Don't forget that we will put a 55 btc buy wall @ ico price so investors can be sure magnetz doesn't lose value after the ico.
The dev team will be taking the funds out of that buy wall as they are needed.

In the future and sometime after the website is up we will support the project with the website advertising revenue.

We have sent the code for review (ocminer) and are waiting for @CryptoAsian to start the PoD process.

Sounds good.

Thanks for your response, guys!
I can understand that you need to fund the development and marketing, but do you really think that this is worth ~18287.91$ (at current price?) ~330USD

IMAO that's ok but with an "interesting" and "huge" 55BTC ICO it's difficult to believe that you're going to maintain the 55BTC wall, could be interesting to have an screenshot or preview of the wallet to know in which you're working  ;)
Confidence is going to increase if we see the development that's going on  8)

We are open to hear from the community, how much do you think the ICO should be worth?
We will launch with an walilet ready to display torrent files, then after some days of network stability and testing we will start adding magnet links and then let users add magnet links (as stated in the roadmap).

EDIT: If we are going to reduce the ICO, part of the funding plan will need to be cut-off, the only part that can have reduced funding is the marketing campaign. We don't want to cut funding on the blockchain search engine part. That's the center of the project and a high-quality website is what we are aiming for.

Basically ICO price is not that high, but you must deliver something really huge to maintain it (or allow it to rise). Cutting funds for marketing is the biggest mistake that you can make. You may have 8923723 features, but what is the meaning if no one hear about them? 

I understand what you mean, maybe is not cutting of the ICO is just explaining in a detailed way all the things in which you're working to let people know that the 55ICO bitcoins are going to be entirely for development and not to fund your holidays in the bahamas  :D

I think that's not the case!! because you're very involved with the thread and your social community, but as I've said transparency is very important to decide if believe or not  ;) (in my opinion, of course)

50BTC ICO could be a good target because it's not too low and marketcap could increase easily, development is clearly insured and people believes a little bit more because they know what's going on in development  :D

---

Remember that's just my opinion, haha!

Hey guys! Let's discuss this. As suggested by franckuestein we created an IRC channel. Please join us! http://webchat.freenode.net/?channels=magnetz (http://webchat.freenode.net/?channels=magnetz)

Code received and reviewing, everything looks good at this point.

I am looking forward to it and I hope things will go smooth.

Check your messages OP.

When will it get started.

There's a countdown in the top of the OP. We are launching in 3 days (26/12/14).

So you want 55BTC to develop the main selling point of the coin without a solid proof of concept.

What you have right now is an x13+ocminer codebase which is 0.5BTC total and an OP from a Newbie account.

You are in the process of getting a POD from CryptoAsian which holds no real value as scams have happened even with POD, most notably Equinox which was for a similar ICO amount.

There have been too many ICO and IPO scams in the past few months for 1000s of BTC. I believe the responsibility for proving you are not about to scam us lies on your shoulders.

As such, please provide an explanation for your current and future investors as to why you believe they should trust you with their money.

First of all I wanna thank you for reposting this with a less aggressive tone.
The team is aware of the recent ICO scams and getting PoD certificate from CryptoAsian is just the first step to assure the community Magnetz is here to stay, Magnetz will deliver a wallet with torrents tab at launch and a torrent search engine less than 2 weeks after, the team will start adding torrents to the blockchain just 1-2 weeks after the blockchain is moving, we don't want to gain the community trust with PoD's, we'd rather gain it with our actions and constant tech deliveries.
Please read our roadmap for more info and follow us on twitter.

great idea, pls do it right, it can work

hey, I usually hang around ccex and created this account just to say ill be investing some btc!

When is the launch happening?
what should I expect to be ready at launch? and when will i be able to add torrents to the blockchain? how will you censor child porn and stuff like that?

Now that is a good question!
Users won't be able to straight add magnets link to the blockchain, we will have a manual filter (semi-manual in the future) to censor all the illegal entries.
At launch we are delivering a wallet that is ready to search for the magnet links in the blockchain (keep in mind that magnet links will only start being added 1-2 weeks after the launch).
There's a launch countdown on top of the OP.

You know it would be a lot less scammy if your ICO release was based on actually having any of your torrent integration actually in the client AND working. Otherwise this is just another pipe dream scam and we already have enough of them.

Hey! At launch the torrent integration will be in wallet and working, the possibility to add torrents will only come when the website is live though (and we will add some as an experiment in the beginning of January).

That's not really the same thing. I could throw some jibber jabber into a github and make promises

I can confirm that there is torrent code in the wallet, though I cannot test it since the blockchain is not moving yet.

Granted and you are a respected and trustworthy member of this scene but my point is that if the dev is going to ask for BTC upfront, he should have an actual functioning feature/tech/whatever or its no different then any the other bs scammy ICO's on these forums.

[edit] and to add to that, I'm not trying to hate on the dev(s). If I wasn't interested in what you were up to I wouldn't bother critiquing what you are doing.

I understand you, maybe a video of the wallet "in action" on testnet or a "old blockchain" would be nice... True

Hey,

The references in the code to torrents are a wallet tab that is going to feature the torrent magnet links. There won't be any torrents on it for the first 1-2 weeks as we stated before, since the torrent adding system will feature on the search engine website (and that is not ready yet).
This tab is just a gimmick though, user will feel much more comfortable browsing for torrents in the actual website.

THIS. TECH. ALREADY EXISTS.

google on DHT along with your favorite torrent client. People get pissed on again because they dont know their tech... sigh

I think the difference here is that it is stored in the blockchain rather than on some servers

There is no difference. You share torrents/magnet links via p2p, just as you share a blockchain via p2p. Weather its a file containing  blockchain data, or a file that is contains a magnet url makes no difference.

There is a big difference. We were gonna release this in a few hours but we figure it might clear some of the confusion.

What is Magnetz?: http://youtu.be/j7doWRSG834 (http://youtu.be/j7doWRSG834)

Sorry no. There is not difference what so ever. Google DHT, http://en.wikipedia.org/wiki/Mainline_DHT

I know that you know, and i appreciate your effort even still.

In my understanding:

The Magnet Link is a clickable Text-Link, for example something like: magnet://ajhdauhaofhfhsdjfhskdjfhwohr0w9iefohjdnowiefoiewf

If the site where the link is stored is down, you cannot click it ...

The Blockchain is a copy on every users PC using the wallet... So its quite hard to get it down.. The Wallet retrieves the magnet links from the blockchain..

Again no.. read http://en.wikipedia.org/wiki/Mainline_DHT

I did that and this is exactly what it says, mate :)


EDIT: Read on here:

http://en.wikipedia.org/wiki/Magnet_URI_scheme

Ok side question, can you search for torrents in client?

Also, better argument than prospect and DHT: http://www.tribler.org/about.html

Yes, you will be able to search for torrents in wallet.
It will be easier to do it in the website but we are also pushing the in-wallet search in case the website is down.

The website will also be open source so everyone ca make their own versions and keep it always online in different domain.

You have no idea what you are talking about. Click a magnet link? You dont have to click anything. It contains data that a torrent client can parse. The data can be downloaded via DHT by any torrent client today, fully p2p, fully decentralized. Searchable.

Hmm, i must admit i never used torrents for more than downloading a Linux distro or some big files which had no decent public mirror but interesting that every client should be able to search in an Index of every torrent available. I will have a Look for Sure..

What about "private" torrents? Sometimes you maybe dont want to share them with every other client...

So 7.5 Million coins at 7k Satoshi = 525 BTC or over 165k At todays rate. You think the work you did was worth 165k ? Jesus

How does that change when it is on the blockchain? Private trackers restrict DHT and local peers because they want to keep the content exclusive. No other reason.

That is our fault. We messed up a 0 there. It's 730 satoshis.

Hi!

Please add in OP list -  http://aikapool.com/mgt

Thanks!

will watch this coin. some interesting concept.

but few months ago, there was a coin named torrentcoin//

here is the link:

https://bitcointalk.org/index.php?topic=633546.0 (https://bitcointalk.org/index.php?topic=633546.0)

and source：

https://github.com/torrentcointeam/torrentcoin (https://github.com/torrentcointeam/torrentcoin)

Another newbie dev X13 coin with an ICO. Don't be fooled into thinking this is anything new or different. Don't say you weren't warned.

Added to the OP pool list.

A little present for the community before the ICO starts.

"What is Magnetz? - Meet Joe."


https://i.imgur.com/pF6aNBHl.png (http://youtu.be/j7doWRSG834)

You are aware decentralized databases are required to be a currency right? This seems like a good idea with an unnecessary currency system thrown in.

Okay let's update this with info from your posts so far:

What you have:

• x13 codebase with torrent code that ocminer says should work. Can't test because the blockchain isn't running.
• A tab in the wallet named "torrents" which won't have torrents till you start development 2 weeks after the ICO.
• A presentation video showing us what the coin will do and a very basic how. No proof of concept. (360p is terrible)

What you don't have but have promised for 55BTC:

• The main features of the coin which include the actual magnet url functionality. ETA unknown, preliminary tests start in Jan.
• A searchable block explorer for the various magnet links. Beta ETA mid Jan

Information regarding the coin and you:

• Newbie account with a self-moderated thread.
• Multiple senior members have posted in this thread doubting this coin and/or its functionality. Including, but not limited to, franckuestein, billotronic, nanoprobe, yourstruly (not me), and yours truly (me). ocminer has said the code looks good but is leaning towards you providing a proof of concept.
• You are running if not related to NooCoin which was an ICO for 250BTC (122BTC actual). You are yet to provide a source or wallet for that coin as well. Newbie account, self-moderated with some doubt/FUD going around. (https://bitcointalk.org/index.php?topic=895226.140)
• Another coin called torrentcoin offered the same functionality months back (thanks provenceday) thread (https://bitcointalk.org/index.php?topic=633546.0) and source (https://github.com/torrentcointeam/torrentcoin)

This is what I have found/inferred from the past few pages. Let me know if anything is wrong and I will edit it.

Hey everyone,

Our whitepaper is coming soon, it will have information regarding the torrent functionality and how it is gonna work, it will also feature a description of the torrent search engine website and how that will work with the blockchain.

There were some community members taking about reducing the ICO value,  we are open to suggestions and would like to hear what everyone has to say before/if we make any decision regarding this.

lovely, I miss TPB...

I'll surely invest,  I'm not sure about changing the ICO though. Maybe change it to 45 BTC, that would show the community you're not just here for the ICO money and it wouldn't stop you from developing the search engine and market the coin.

Just my two cents,  would be cool to hear from the other members of the community.

Thank you for your input, believe it or not it is very important for us to receive input from the community on stuff that we might not be doing that well.
Reducing the ICO (to your suggested amount of 45 or even 40 BTC) is something that is completely on the table,  the dev team would just like to hear some more input from other community members before/ if going forward with the ico reduction.

+1 but adding a currency system on it could be interesting too.
e.g: if you found an interesting torrent you were looking for, you can donate some MGT to the uploader, don't you think so?

I don't know which system they're going to implement with everything but could be interesting to open a "donations" section on every address on the blockchain-site.  :P

Hey!

Further details will be given in the whitepaper but basically you will need to spend magnetz in order to "post" a magnet link in the blockchain.

Nice!  :D
Exactly, people have to spend 1 (or the amount stipulated), that's why a donation system or a remark in the MGT address can make others donate for their input to the community sharing torrents.

In my case if I found a torrent that I like and it's on the blockchain, maybe I'm going to donate to the account that shares it with us, like small tips or microdonations  ;)

Merry Christmas and a Happy New year from the Magnetz team!

So, are you reducing the ICO to 45 BTC? I think that might be good for the coin, investors will feel like you hear their concerns and I'm sure it will sell out @ 45 BTC.

Let's hear what other investors have to say though...

That's what we said, let's hear what other potential investors have to say.

But as we said before we are completely open to that possibility, if other potential investors agree we will do it. The ICO is starting tomorrow so we have to decide this quickly.

Sorry, we had to delete your post so no one would register before us. We forgot to do this (the video was initially planned to be out tomorrow).

Anyways, it's  registered!  :)

I don't know but this is looking more and more similar to vTorrent https://bitcointalk.org/index.php?topic=889481.280
Why should I (or anybody) invest in this ICO since VTR is already there and cheaper than your ICO price.

Hey! Thanks for your question.

We already discussed this question, in fact our two project might seem identical but are very different. I'll leave an earlier answer here:

"although our projects might share some common ground, they differ in some key aspects. From what I read you guys are still trying to get an in-wallet torrent client and torrent metadata in the blockchain out.
We will also have torrent metadata in the blockchain (and are 2 weeks away from this) but that's not the core of the project (although it's a necessary step). The main objective of our project is get out of the cryptospace and directly compete with the biggest torrent sites out there by proving an opensource and blockchain supported torrent tracker website"

DEV I think your 55BTC ICO is OK and this concept is GREAT if you really can pull it off!

Could you elaborate what are the uses of the MGT currency in this system other than that putting a link into blockchain will cost?

Would it be possible for example to somehow make the peers have to pay MGT for the seeders? So that seeding would actually be rewarding and result in healthier torrents?

Also maybe if peers would have to pay MGT for the original uploader so it would motivate to upload content? Have you considered these sort of uses for your MGT and would it be technically possible?

This are some good ideas right there, I'm not ssure if the second one (peers have to pay MGT to the original uploader) is doable because it goes against the idea that anyone can download the torrent and makes it a bit of a premium thing.
But we do like the idea of rewarding seeding,  maybe have some PoS inspired system where you win MGT for seeding time? To do this we would need to have an in-waller system that checks if someone is seeding or not.
This is a good idea right there, we will keep it in mind.

I'm in!
http://mgt.minerpools.com/

Dev : please add it to the op, thanks!

Thanks for your interest. Added to the OP!

Nice! I've been minting some crypto-currencies there and pool is working fine with great support from their team ;)
Getting my rig ready to mine some MGT  ;D

Let's see if in the launch coin don't have any problem and we can start minting correctly with a great release.

5 more hours until launch! Get ready.

Dev, mining and ico start together after 2 hours , right ?

Yes, ICO and mining will start at the same time.

What is the max hashrate I could get with Radeon 280X on X13? Never mined with this algo.

you should send a PM to Wolf0.   :D

i have 4.1-4.2

Can you please advice what Catalyst version, what OS and what miner?

ICO will end when 55 BTC of MGT is purchased @ 733 satoshi, correct?

ICO and mining start at the same time so until all MGT is purchased @ 733 sat, miners CAN offer at lower prices.


Am I missing something?

Nope... you're right. ;D

The market will stay closed until ICO ends. Miners will only be able to enter the market with their coins when ICO is over.

   
so, with all those magnet links being inputted, how is the dev team going to protect the blockchain from spam, fake movies, virus infected torrents, etc.? i understand that there will be a small? fee in the future for uploading links, but how will you moderate the existing db?

Hey, take a look at this answer form a previous post.


Now that is a good question!
Users won't be able to straight add magnets link to the blockchain, we will have a manual filter (semi-manual in the future) to censor all the illegal entries.
At launch we are delivering a wallet that is ready to search for the magnet links in the blockchain (keep in mind that magnet links will only start being added 1-2 weeks after the launch).
There's a launch countdown on top of the OP.

Hey everyone, we need to postbone due to some problems with the premine. We will be launching in 2-3 hours.

Language abuse will not be permitted. We will moderate any type of verbal abuse.

dagnabbit!

Ok cool, don't forget to update the countdown ;)

Now, that was the step when you wrong your ICO and loose peoples. Very amateur movement. If you have issues with the premine, how can you coding a torrent links in blockchain??

10 min mining vape x13 as priority 1, what happend ?

  
could you expand on the technicality's?

Will be ready soon !

When?

I'm ready.. Just waiting for the dev.. But i think within the next 30 minutes

We are just waiting for a windows wallet recompilation since we needed to change some coin parameters. Join us on freenode #magnetz!

ok wait.. But dont tell me after few hours that you're released it and few blocks are already mined. Just give the countdown to make everything fair..

Launch will happen in 15 minutes! Countdown: http://www.timeanddate.com/countdown/generic?iso=20141226T1710&p0=78&msg=Magnetz+Launch

http://www.timeanddate.com/countdown/generic?iso=20141226T1710&p0=78&msg=Magnetz+Launch

Middlefingered.

source will be here https://github.com/magnetzproject/magnetz.git

what uuuuuuuup ? come on !

launched????

And we launch! http://www.mediafire.com/download/myjsy56op1yjoyc/magnetzcode.zip

compiling

win-qt？

Suprnova is UP !

edit:

you can use

addnode=magnet.suprnova.cc

lol dozed off but the sound for finding a block woke me!

Will be coming in 2 hours. People seemed to want to launch ASAP so we decided to do it now, we are starting the compilation process.

DINGDINGDINGDING !!!! ^^

Why mislead posting the github link and then posting the source on mediafire?

I'm out, good luck with the instamine or whatever.

You should've simply said so earlier, and I wouldn't have wasted my time, I got better things to do.

This coin sucks. X13 is no more for GPU miners. As I see now ASICs or FPGA's are raping it like hell. With my poor 6Mh I can't compete with mining farms of 2400Mh. That's crazy. I wonder somebody is still releasing coin which is then instamined by huge farms. :)

Come on come back mate.. Life is not that serious get over it :)

Our source is now on github! https://github.com/magnetzproject/magnetz

ICO will be starting very soon.

94% of the total supply will be sold in the ICO.

6% will be mined in a two week PoW phase.

After that mining will continue at the rate of 1 coin/ block.

are you crazy mate ??????? what gpu you have ? you are sr.member, i have 6 280xs, so, 6x4.2, 25MH

What's senior member got to do with it?

Damn, what's your settings for the 280x's?

its not settings, miner with new maru kernel

ocminer did you change anything ? suddenly my ccminer works fine on your pool

insane hashrate btw

can you message me the link please? thx

Did you have had any problems with ccminer on suprnova? There shouldn't be any, write me a PM if you have any problems.

No nothing has changed, just updated some code at stratum level - but nothing special related to ccminer.

There is no X13 asics for fpga. Guys are renting from NH or MRR like usual.
See my sig if you don't have enough hash and want to rent a rig.
Mining is going smooth for my rigs.

sorry mate, i pay for this miner ....

Its funny - after less than an hour of mining the difficulty went from zero to 261.71063100 ;D
After doing simple calculations its clear that mining at the moment is just wasting money and hash, and its much cheaper to buy from ICO. Someone seems to be renting 7Ghs from nicehash and directing that to suprnova. If my calculations are right, he can buy it from ICO for about 20 times cheaper than he mines it for now :)... and pumps difficulty to the moon :)

Price per coin: 733 satoshis
Note 1: A 55 BTC buy wall will be placed @ 7330 satoshi when the ICO ends, the dev team will be taking it down as funds are required.

733 or 7330? Please correct it!

hm this pool seems OK:

http://mgt.miner.blue/

too much diff, i am out

You're right, with current difficulty the coins will cost about 10-20 times (!!) more than ICO price, if hash is rented :)

So I guggest you buy ICO then? Still 50 BTC left

Put this link to the OP: https://c-cex.com/?p=mgt-btc

Couldn't say it better. :)

Suprnnova 11GHash and network is 14GHash starting to balance

I was waiting for C-Cex to come here and do the ANN but I guess we'll put it up now :)

OCminer have you disabled more registering for now until network more balanced?

Presale started! Welcome!

https://c-cex.com/?p=mgt-btc

Suprnova now 7,5GHasg and network about 14Ghash looks good!

ccminer did not have accepted shares. it works now

With this diff, better buy it :)

It's 733, corrected.

When does the ICO end and when does trading start on ccex? (or any other exchange)

31st December 8pm GMT+0 Countdown (http://www.timeanddate.com/countdown/generic?iso=20141231T20&p0=78&msg=Magnetz+C-Cex+ICO&csz=1)

Added this info to the OP. Trading will start on c-cex as soon as ICO ends.

i just bought some MGT :D

Congorats!!!!

Nice

Let's buy some cheap MGT.
@devs, are you planning to add or be listed on Bittrex or other exchanges with high-trade volume?

I've seen Matthew (ttrex team) on that topic and could be interesting if MGT get listed on that exchange  ;)
Thanks!

We have talked to the trex team and haven't reached an agreement yet. We will keep trying.

DO NOT agree with TREX it's the death of the coin! The SCUM that they are DO NOT GIVE IN.

What's the problem with Bittrex?
As far as I know they aren't a SCAM, but maybe some coins are dead because of pumps&dumps that take place some months ago in the exchange?

Could be interesting if you know anything else about trexx :D share with us.
But as you can suppose, volume is important for the coin and if it hits exchanges like Bittrex, Cryptsy or Poloniex, that's going to be awesome!

I would give priority to Poloniex and then Bter or Cryptsy.. Bittrex is where you go to die.

where to download wallet?

Finally a useful coin...

You should wait. There is no wallet yet. Or you can build it yourself from github.

I have actually waited for a coin like this.
I am onboard.

Ccex is just as good crypto-cemetery as Bittrex. This coin will die after first bigger pump (if any) and no matter on what exchange. There are already too many coins, few whales and crowds of bagholders who start dumping at first sign of price increase.

Wallet is here: http://www.mediafire.com/download/gjbc027sje001b1/magnetz-qt.zip

Sorry we took so long!

The moment we've been waiting for is almost here, magnetz whitepaper will be out tomorrow night!

Nice, already in 1 BTC will buy more as the week progresses, some big buys in the beginning..

up on coinking.io

congrats, mr. legendary :)

pow already launched..if miner are able to deposit coins on c-cex they can sell in the 50btc buy order?

Hey! ICO funds will only be available 3 days after the ICO ends. So if miners want they will be able to sell their coins to us by then.

We are up and running MGT pool http://www.backup-pool.com/

Thanks and join in

Added to the OP, thanks for your interest.

Well they COULD, but they would be losing money. Electricity or rental fees would be higher than you can make selling at 733 satoshi.

if you can spare hashrate hop on ;)

Hey everyone, @ launch and with testing purposes we mined 3 blocks (one of them being the premine). So now we have 50 coins that should be distributed.

https://i.imgur.com/XKKJkzH.png

We are giving them away to the first 5 people that follow us on twitter, retweet our pinned tweet ("What is Magnetz?" Youtube video) and tweet us their address. (10 coins to each person).
Hurry up!

https://twitter.com/magnetzcrypto (https://twitter.com/magnetzcrypto)

Yes, and spread it… miners!
Don't centralize all the mining power in just one pool, spread it in all the pools!

If you're a new miner, go to another pool (from the OP list) and start minting MGT  ;)
---

EDIT: devs, why you deleted the previous post? I've seen it, I was quoting it and now is not there  ???
EDIT: devs replied on the next comment and on IRC, thanks guys!

Attempts of FUD from vTorrent supporters will be deleted, we are aware your project exists and never FUD'ed your thread. The magnetz team believes that both projects can coexist in the same space and even help each other (although our views on blockchain torrenting are a bit different).

So they won't sell since they'd be losing money right? They'll hold and sell when they can get a higher price I'm guessing.

When will this higher price be available? What will make the price magically go up when ICO ends, considering there's another 500K incoming from the mines? Who is even interested when ICO ends and not all coins are sold? If after ICO everyone holds then the price can't move but if noone wants to buy more at equal to or higher than ICO, do you think miners will keep holding until they break even?

Would you?

Coinking.io added to our pool list.

http://aikapool.com/mgt is started! Welcome...

Added to the pool list. Spread the hash everyone, lots of quality pools top choose from.

do your research before you invest.. there are many who were scammed by similar projects: https://bitcointalk.org/index.php?topic=886555.msg9952717#msg9952717 (https://bitcointalk.org/index.php?topic=886555.msg9952717#msg9952717)

STABLE/TORRENTCOIN ANYONE?

I wonder how long this will take to get deleted from this moderated thread... it's tough keeping the wolves at bay

3...

2...

1...

Deleting...

amazing lol

Yes, my post was deleted in less than a few mins. If the team is truly not a scammer, there is no need to delete the post they should be answering them and defend them instead.

Don't lose your BTC to scammer people!

@ocminer, I hope you're not with them in this.

I think all in the one band, dev, moder, ccex biches, ocminer.
They are already thinking how to split 7 BTC from ICO.

This is really sad for community, everyone get scam by scammer 'dev' with nice video and some member with good rep backing, and they cash in on bags of BTC, where real dev who is really trying hard in real work get close to nothing.

Please try to not FUD the project and the space where community members discuss about magnetz.
We can confirm that our basecode is indeed the same as torrentcoin's. What some bitcointalk members need to understand is that every blockchain based project uses another coin's code as it's basedcose. There are lots of projects loved and strongly supported by the community that started with basecodes previously used by other coins.
What the team is doing  (as can be perceived by the roadmap and as will be stated in tomorrow's whitepaper) is start the coin with a certain basesource and then build services around it.
Every coin does it, build value around a blockchain, and that's what altcoins are all about. Build experimental services around the blockchain and push the limits of what it can do.

We won't delete the last posts because we feel this subject needed to be addressed but please try to keep the thread clean so the real discussion about magnetz can happen.

The Magnetz dev team

EDIT: And about the video. Now we are accused of having a nice way for people to understand what our project is about? We saw some people doing the same questions about magnetz and thought it would be fun to have an animated video to show investors what we are all about, if having real word done is now a reason for false intentions accusations we won't be able to do anything.

Lol, i came here to see some nice discussion on magnetz and how everybody is happy with the start of the project and I only see some stupid FUD? Dev, dont spend time answering this kind of people? Is this some kind of whale walls, trying to fuc* eachother up?

This pnoch guy is even sending me messages on how this is a scam? Are these guys sad vtorrent supporters that need to FUD other threads since their coin is dying on trex?
Please dev, give us the whitepaper, I'm sure it will be awesome and one more step taken in the right direction.

can any one help me to mine. i downloaded the sgminer x13 mod i opened notepad then copy paste this sgminer -k x13 -o stratum+tcp://magnet.suprnova.cc:6005 -u Weblogin.WorkerName -p WorkerPassword changed the username and pass but still cant mine. and is it also possible to tell me how to solo mine? thanks!

Hey! You can solomine by going into your wallet's console. Go into help->debug window->consile and then write "setgenerate true" and then hit enter. You can verify yoyr mining info by writing "getmininginfo" in your console and then hit enter. If setgenerate is set to true it means you're mining. To stop cpu solomining just write "setgenerate false".
Solomining with your wallet is one of the least effective methods of mining though. The most effective method is to use a pool. I'll leave a message in ocminers inbox so he can come here and check your problem. In the meanwhile you can try mining in another pool.

Best luck,
Magnetz team

cant i use my gpu for solo mining? all of the pools i tried has the same result. the dos file says kernel invalid set parameter etc but i checked the kernels on my sgfolder it has x13 thanks!

try sgminer -k x13mod -o stratum+tcp://magnet.suprnova.cc:6005

idea like this should be for free, without ico, without premine

yes and i also fail to see how 'semi' manualy filtering is a payable job and why not just use tribler

If seeding and uploading quality content would be rewarded with cryptocurrency then the torrent network could grow more massive than ever as people would be motivated to share and seed. Better than tribler or any other.

Magnetz whitepaper coming out today! Stay tuned.

EDIT: One more round of FUD moderation done. Please keep it civil.

Civil? Oh come on, "Carol". Your English and that "Carol's" English, from STB ANN is the same.

This is civilized.

Prove me wrong or I'll make sure everyone knows how you delete "FUD".

https://i.imgur.com/LVfcV8G.png

My previous fud note was also deleted. Good job DEV cleaning FUD from this thread.

STB Dev/scammer what's the news? lol  :P

something something fud and shit.

seriously though, i have a few questions for you guys...has this been tested with uploading/downloading torrents? and if so how does it affect the speed? also what is your plan in dealing with a monster blockchain that something like this would create?

hi carol, will you marry me. I love rich women.  :P

Nope, its not working yet

this coin had a bad start from the beginning :(

fail at launch, supernova pool got wallet 2 hours before github..

fail at all :(

whats the problem here ? i launched right on time and at block 4 or 5 ...

The only thing that is added to the blockchain is the the torrents magnet link,  which is really just a string (something close to a tx id). The blockchain won't be that bigger.

About the torrent speed. Please keep in mind that there won't be any client built in the wallet. You will click in the blockchain's magnet links and it will open your torrenr client. (Like you did with pirate bay )

This is civilized. Please answer those question before you delete the post again.

https://i.imgur.com/UMmkhaR.jpg

No more FUD coins, please, community need to breath and sleep with no fear of lost.

Hey pnoch, thank you for takong a time to breath and stop the FUD for a bit. What are the questions you want answered? Is there anything you can't fing by looking at pur roadmap? Pleasr make a list of questions that are nit FUD/ market to other coins and we will gladly answer them.

Since your code is an exactly duplicate of the torrentcoin, so you or your 'dev team' isn't really using torrentcoin as 'codebase' but simply a clone of it.

Where is the real work of your 'dev team' may I ask?

Why ICO before you even have a single line of code of your own?

When I said codebase in the previous code I was referring to cloning. That's what 90% of the coins do when they start. People seem to take it less seriously when it's a PoS clone but we have no idea why.


About coding and the ICO. The coin code is final, we are not thinking about hardforking magnetz anytime soon and that's why we choose torrentcoin to start with. Because it already has what we needed (blockchain code-wise) built -in and that way we could focus on building the most important thing of the ecosystem which is the blockchain torrent search engine.
That's what the team as been working on and that's where most of the ICO funds will go, we have the code 70% ready to be deployed in an alpha phase but the graphics look horrible  (very TPB like) and we need to hire someone to do that job, we also need to pay the guys already working on it.

But every little thing I'm describing here is already stated on the roadmap. We were careful enough to prepare the timeline for development so investors didn't have any doubts on what they are investing in.

It is very hard (almost impossible) to believe that you and your 'dev team' have any capabilities to achieve just half of what you are promising based on the lack of work and quality on the wallet itself. (complete clone from dead scam coin)

One would expect much more with the wallet (since it is the only thing you have available to show) from a team of developer asking 55btc up front for their work.

If you really have 70% of the code ready to be deployed in an alpha phase as you said (even with horrible graphics) why don't you just show us any part of the work to proof that there is any truth in what you are claiming at all.

And please explain how your currency MGT will be related to 'the blockchain torrent search engine'  and why it should be priced at 733 satoshi and not 20 satoshi.

Lastly, why ICO especially with nothing ready and why not just started the project with some premine for development funds (if you are confident of your project).

In my opinion, your plan with this ICO is already a success with 7btc, the amount you received is already more than what you should have got from just cloning of old dead scam coin.

Well almost 5btc of 7btc worth Magnetz the OP bought himself right before the ICO started on c-cex.com
I can tell it for sure, because this first ICO trade was done even before the links to the ICO on c-cex.com were published, you could check it with the timestamps on c-cex. In my opinion it is ok when OP decide to buy into his own crypto, but he should be transparent about it, but he didn´t told anybody.

So the whole amount invested into the ICO is 2btc so far.

We didn't buy into our ICO, actually the team talked about buying some ICO coins but decided that it wasn't fair so we are mining them atm. The whole amount invest in the ICO at the moment reflects the reality.

Only 2-3 more hours until our whitepaper is out!

Quote from: pnoch on December 26, 2014, 11:01:05 PM
From my research with new Magnetz release today,

Magnetz is just a lame attempt at scamming people with ICO, I've check their code and I can't believe my eyes, it is just a exact duplicate of old "torrentcoin" (also x13 algo) (https://github.com/torrentcointeam/torrentcoin) that died from dev ran away long time ago.

All of their 'torrent' code and UI, is just a copy from that old 'torrentcoin"

their torrentpage.cpp torrentpage.ui is 100% clone from the old code.



Fail much?

The wallet UI overall is completely standard and again exact duplicate from the old "torrentcoin"



Even the same mistake in bitcoingui.cpp (same exact mistake with setStatusTip and setShortcut)

Magnetz - bitcoingui.cpp

Code:
   addressBookAction = new QAction(QIcon(":/icons/address-book"), tr("&Addresses"), this);
    addressBookAction->setStatusTip(tr("Edit the list of stored addresses and labels"));
    addressBookAction->setToolTip(addressBookAction->statusTip());
    addressBookAction->setCheckable(true);
    addressBookAction->setShortcut(QKeySequence(Qt::ALT + Qt::Key_5));
    tabGroup->addAction(addressBookAction);
    torrentPageAction = new QAction(QIcon(":/icons/magnet"), tr("&Torrent"), this);
    torrentPageAction->setToolTip(tr("Edit the list of stored addresses and labels"));
    torrentPageAction->setCheckable(true);
    torrentPageAction->setShortcut(QKeySequence(Qt::ALT + Qt::Key_5));
    tabGroup->addAction(torrentPageAction);

Torrentcoin - bitcoingui.cpp

Code:
   addressBookAction = new QAction(QIcon(":/icons/address-book"), tr("&Addresses"), this);
    addressBookAction->setStatusTip(tr("Edit the list of stored addresses and labels"));
    addressBookAction->setToolTip(addressBookAction->statusTip());
    addressBookAction->setCheckable(true);
    addressBookAction->setShortcut(QKeySequence(Qt::ALT + Qt::Key_5));
    tabGroup->addAction(addressBookAction);
    torrentPageAction = new QAction(QIcon(":/icons/magnet"), tr("&Torrent"), this);
    torrentPageAction->setToolTip(tr("Edit the list of stored addresses and labels"));
    torrentPageAction->setCheckable(true);
    torrentPageAction->setShortcut(QKeySequence(Qt::ALT + Qt::Key_5));
    tabGroup->addAction(torrentPageAction);

More over, Magnetz ANN is very similiar to STABLE ANN page which is also one of the scam ICO project (Check the roadmap phrase) both ANN is also self-moderated topic.

Check here:
Magnetz ANN (https://bitcointalk.org/index.php?topic=900716.0) *self-moderated topic
TorrentCoin ANN (https://bitcointalk.org/index.php?topic=633546.0)
STABLE ANN (https://bitcointalk.org/index.php?topic=886555.0) *self-moderated topic

Obviously Magnetz so-called 'dev' is just a team with good graphic designer but know nothing about coding.

People should be investing in real project not just some scammer, but I'm pretty sure they have some good connections with people from checking their thread.

vTorrent non-ICO coin is what people who wants 'torrent on blockchain' should be support and invest in.

LET'S STOP THE SCAMMER!

Good job!

### words below ARE related to the current topic ###

Guys, when would you all realize that if someone want to create something cool and new like the idea here he won't collect money with ICO.
Karmacoin did not had ICO and was on serious position after the hard work done. What happen later was something different.

Understand that purpose of those ICO/IPOs is just to collect free BTC from users here. 95% or more of all ICO till now was not used for the purpose of building a coin. I'm in deep regret for all of you and your lost BTC, because I know how hard is to collect 1BTC with even 12 rigs pulling 14KW... don't let the greed pull you down. Better try to trade with low margins on more stable coins than lost all you have here for the joy of another "amazing team".

I was reading the BCT forum for 1 year before I ever posted my 1st post and in general i don't want to waste time of writing when it's useless, but this time i can't be silent.

#########

Hey nick777! We won't delete the post (although it's the third time people post it in our thread) but here's our statement on it (please read up the thread before posting that again)

Magnetz whitepaper is out! http://www.mediafire.com/view/ncn1ciz74sr8p8k/MagnetzWhitepaper.pdf (http://www.mediafire.com/view/ncn1ciz74sr8p8k/MagnetzWhitepaper.pdf)

-1, you only collect the info from the tread and put it in PDF, real whitepaper purpose is to show the ideal, concept, how should be realized, marker research - I don't see this here, sorry.

Thanks for the feedback! Is there anything you would like to know about magnetz? What kind of doubts do you have after reading the whitepaper?

I don't have doubts, i just see that you are doing things the wrong way. If we take the assumption that you really pay coders from ICO then someone which is more technical should write the white paper. Whatever... i'm not even bother mining, you just continue to drawn deeper and deeper with this anti-questions. We all know that you should be active only during the ICO.

If you are here just to FUD and make "anti-questions" please don't even bother in writing back. We don't want to be pushed back by people who are just here to FUD and are not constructive.

Thank you.

Dude, FUD is if someone come here and say "This coin is shit, DEV is shit, don't buy, sell cheap". How can my words could classified as FUD, pha. FUnny guy you are....

Dev, Thanks for the promised whitepaper. Have some questions regarding that, BUT FIRST

1. Due to recent developments doubts about your project, accusations, ICO Scam alarm has been raised by the community. Since you have promised "BTC buy wall will be placed @ 733 satoshi when the ICO ends" so that any investor who wants to get out can get out. Could you agree C-CEX to handle this? That they will hold the buy wall for at least one day when the ICO ends before you get the BTC from the ICO? This way you can convince investors and hold true to what was promised and build trust with the community?

2. From the whitepaper: The Magnetz search-engine is tomagnetz whatgoogle is to the internet. Awebsite that works as an interface which will let the user relish all the magnet links stored in the blockchain. This magnet link aggregator can be seen as a fork of the usual block explorer.It will be open source so that if the site goes down, another one will go online in a matter of hours.  Magnet links are added to the blockchain via the Magnet search-engine website. Users send 1 MGT to an address defined by the website and the magnet link is reviewed and if approved, added to the blockchain. The only way to add a magnet link to the blockchain is by using the website. So since the magnet link aggregator is open source anyone can make their own website and approve whatever links they want into the blockchain how do you stop this?

3. Nice I see you took some of my input and turned it into "proof-of-seeding"  :) That could get interesting if it works, but right now you have no idea of the technicalities how to do "Proof-of-Seeding" right?

Waiting on your answer now especially question 1 and if you agree I ask that comeone from C-CEX would come here confirm it.

Thanks

The whole 'proof of seeding' is quite interesting, however, I would suggest you hire a coder to compile something and explain how it works , do this soon, the interest in magnetz is dropping dramatically, I doubt you will sell 1/5th ico if you don't show some work.

Quite a thin whitepaper.

I've been mining this with my own rigs but I don't think the ICO will sell out unless you put out some significant new code to back up your claims which the whitepaper does little to flesh out or create a specific, timelined plan for release.

I hope your further actions quickly put my skepticisms to rest.

dev，ICO end time?

Dev: you're on the verge of completely losing everyone's trust (and you're dragging a reputable bct member along, but i think that he has done this to himself). You can still salvage the project, all you need to do is to be upfront, NOT to delete posts -whatever their content - and be honest. And QUICK.

If i see any signs of the above, i might consider investing.

The idea of handling the buy support by C-Cex is good, i would vote to let the collected IPO be handled by C-Cex and put it on the promised buy wall until it is depleted, if im not mistaken there is another 500k coins to be mined in two week time, and i read you are mining to get this coin too, how is that, to clear everything of their doubt, just let C-Cex handle the BTC from IPO, and since you are mining you can sell them at the said buy wall.. if the community finds your work to be good, they wont hessitate to donate certain amount of coin which  you can then sell to cover your expenses ..

edit>. the community will have to discuss on what to do to the bought back coin

Hey everyone!

First of all, here's the link to the MacOSx wallet as promised: http://www.mediafire.com/download/rnkwu8derwkr6sx/Magnetz-Qt.app.zip (http://www.mediafire.com/download/rnkwu8derwkr6sx/Magnetz-Qt.app.zip).


To the people asking, ICO will end in 3 days, here's a countdown (http://www.timeanddate.com/countdown/generic?iso=20141231T20&p0=78&msg=Magnetz+C-Cex+ICO&csz=1).

About talking to c-cex for them to place the buy wall instead of us, the dev team will need to discuss this subject but in the end it will depend on how money will be invested in the ICO. We are already in debt with the developers who are coding the website and to the graphic designers who did the magnetz website we will be posting tomorrow. So that part of the ICO will need to be used ASAP, then we can talk to c-cex about puttng the rest of the ICO in a buy wall and see what they have to say about that, nevertheless I'll call a magnetz dev team discussion on this.

I doubt C-CEX will say no to that, since all what they have to do is keep your account locked and just give you funds you'll need to pay people you owe money to.

How much do you owe to the people you mentioned, by the way?

The quantity owed is bigger than the money gathered by the ICO at the moment.

ICO gathered until now (28/12) - 7.25 BTC

Money already spent (but not paid).

C-cex ICO cost - 2.5 BTC

Graphics and Logo - 1 BTC

Backend coding for the torrent search engine - 6.5 BTC

Torrent search engine design - No deal made yet, we are waiting for the ICO to end so we can see what type of graphics guy we can hire, besides, we don't want to be in dept with anyone else. Although we'd like to make something really nice because this will be the hearth of Magnetz.

Website design and coding - 1.5 BTC

Twitter Marketing/promotion - 0.5 BTC

Spent until now - 12 BTC

7.25-12 = -4.75 BTC

hey dev, did you read my PM? no interest?

Hey, we will keep Prypto cards on the table but at the moment we are focusing on getting our torrent search engine up and end the ICO with no problems.

Thank you

You should postpone this ICO then, till you get this done:
:)
When you deliver that.. You can increase your ICO to 10x more BTC.
Just my opinion.

+1

Because created a first gen crypto?
Why do not you make this crypto store Torrent Hashes in blockchain?

Exactly, DO NOT just extend the length of ICO but instead refund all investors and postpone your ICO until you have something real to show with working stuff.


Please post part (preferably all) of your 'backend code for the torrent search engine' here in this thread.

If you can't provide any of the real development proof, this project is still nothing but a pure scam ICO.

lets trry

MAGNETZ
Newbie
*


Activity: 28


View Profile Personal Message (Offline)
Trust: -6: -1 / +0(0)
Warning: Trade with extreme caution!

 ::)

Yeah well it seems I have ended up being the main sponsor on this one.

I hope he/she is just a kid in mommy's basement and will grow to be a great dev one day.

Regards - Santa Claus

Regards Santa Claus he says lol that is some class work right there my friend :) Also while on the topic has anyone checked out vTorrent? it is what this coin was trying to do with all its fancy marketing and videos but vTorrent has an active Dev and isn't in no means a scam coin folks ;) Cheers

We seem to have gotten some unfundamented feedback from a trusted member.

Tomorrow we will have some news regarding the ICO, we got some investors interested in getting in.

C-CEX says the opposite! No investors!

Instead of replying to questions/suggestions, you hype this sh*t.

RIP.

What is your question?

This does not look like a sound investment, it puts up way too many red flags for me.

Hey everyone!

We got great news. Our info website is now online http://magnetz.info/ (http://magnetz.info/) and the talks with magnetz investors are over! We will be able to kick-off the project as some more funding starts to enter.

Our ICO ends in 16 hours!  https://c-cex.com/?p=mgt-btc (https://c-cex.com/?p=mgt-btc)

You have collected 25+BTC now will C-CEX be handling the buy wall at least one day after ICO ends?

hi dev, could you give an explanation about the negative words in your profile?

Seems like one member decided to give us a bar trust rating, no real reason behind it and we are not site why he did it.

3 more hours until our ICO ends!

https://c-cex.com/?p=mgt-btc

ICO for vaporware maybe?

i would like to see this coin to da moon, happy new year fuders bastards!

Ok, time is UP!

We are waiting for c-cex to close the ICO and start the markets.

Nice!
The C-CEX support team don't reply quickly to user inquiries but hope that they know that today's the Magnetz ICO-End. Let's see if they close the IPO phase and everything start.

As well you're going to burn the not-sold coins, is it true?

If you dont feel like burning that last 24 BTC just send em to me....I'll destroy them..I promise :)

This ICO should have ended over two hours ago. Why is it still running?

scam? 

LOL Dude. Thats just someone filling up the board with sells. I saw that ahppen  and it was the first
minute the ICO opened. Ive done that my self on CCEX - the interface can be a bit wonky.

lol.. Thats C-Cex :)

Wheres the buy wall as promised?

+++, where it is??

HELLO one more time??? Where is the BUY wall?

Ya know, some of us really are actually trying to educate and protect new members to this scene from very shady coins/devs/projects... the thanks for which is to be called a fuder.

Yes I agree with you.
The reason I bought some of this scam artists coin is because of the buy wall which obviously hasnt appeared.
I suspect others (like me) wouldn't have touched it without the buy wall as part oif the deal.

But CCEX were informed of this scam within 30 minutes of the start of trading. They will not have sent the scam artist
the BTC within that time frame - no exchange does. Simple basic safety measures.  IF they claim to have already sent him teh BTC then I smell a massive rat. 
I dont want to throw any accusations around but I know for sure CCEX never do anything fast.

Under ICO and beyond.

Yep, only because of wall, mine 1btc is here.

Either that or it's an insider job @ C-cex and it will just prove that they can't be trusted.

Thank you impatient dumpers to dump into my 260 SAT order. I usually don't buy ICO coins but if I buy then at least 2-3x below ICO price. This is classical panic dumping when dev doesn't react immediately on every fud note.

Dude this is not fud. This is really looking like a scam now and from what Im reading and seeing is that ccex are involved.

Are you saying ccex are involved in this?

For anyone who would like to panic start dumping for whatever price now, big mistake. Just check what happened to NakamotoDark coin recently... cca 700% increase without any specific reason. :-) The price of it was cca 40 SAT 2 days ago and now average price is 220 SAT. What you need to increase price so high is just one or two guys with BTC who push the price a little. But I'm not telling more info, I still try to accumulate as much as possible for this joke price.

EVERYONE YOU HAVE JUST BEEN SCAMMED PLZ MOVE OVER TO THE REAL TORRENT IN BLOCKCHAIN VTOR NO ICO ETC. this is a legit coin that really has devs working hard

The buy wall will be placed after the dev team receives the ICO funds.

We are following C-Cex ICO rules so the funds will be sent 3 days after the ICO ends.

If you are not setting buy wall then I do and I can call few folks to build some support. :) Still having few BTC available for playing, but not much. In the meantime please make sure you make the wallet bullet proof and deliver what you promised.  8)

Remaining MGT ICO coins burned:
78a1025959074c50b7a71a7af03a1d6d34225d4c9047061eeca40ff2a0ae6f21

Is there some block explorer where I can check this transaction?

So now your following the rules when it suits - but this is what you said in your ICO terms:

You didnt say 3 days after. No one reading that would think anything less than after the ICO ended the wall would go up.
The wall needs to go up earlier and it needs to be done by ccex not you because your going to claim most of that
in expenses. Clearly the wall needs to go up NOW as there are already people attempting to sell under the ico price.
Nah man your trying to pull a fast one...

Why do you care about fools dumping below ICO price? Just let them, it's opportunity to accumulate more even cheaper. The number of dumpers is limited. The buy wall can appear anytime and you can be sure it doesn't need to be raised by DEV. This coin has potential to go over 10K price with its small coin supply and whether the price is now 700SAT or 200SAT makes no difference when in few days price can be 10K.

We fixed the note about the ICO funds to clarify investors doubts.

The buy wall needs to go up now to build confidence. As you say the dumpers are limited so there shouldnt be any problem right?
Any ICo I have been involved in that didnt have an instant buy wall fell flat on its face. Ones that have had dev support have all done
well. Simple as that. I dont invest in ICOs that dont have a buy wall. Were after the same thing but I dont leave it to chance.
I know that a buy wall will encourage people to buy and hence the price would increase.

Al the dev needs to do is

1. Add Buywal
2. Get coin on Bittrex which Im sure some of us would help with.
Then the price will rise. Dev you listening?

and of course that 5k @ 799 is weird

How does that work if lets say the coin has dropped to 300 sats.

ICO buy wall will be placed when c-cex releases the funds  (3 more days). We talked with them and they offered to release the funds but we are sticking to the original plan. The funds will be released, the buy wall will be placed and   we will follow the roadmap.

This is a convenient way to entice us to buy more, waiting for a buy wall that never comes and once you've got the BTCs then you can just vanish..

So if the coin is valued at say 350 satoshis in 3 days your going to put up a 24btc buy wall at 733 Satoshis.
Do you see the problem Im having with this?

We do. If this situation happens we will buy up to 733 and leave the wall there. The size of the buy wall wont be 24 btc since some coins will be bought at prices under 733.

Ok but then it would make no difference to you if the buy wall went up now unless you want to buy cheap coins.
Is that your plan?

That 5k was simply part of the 30K purchased at 233... investment protection in action...lol

I fail to see what all the complaint's are about, 3 people who can't hold their coins for a few hours is not a train smash...

Just look, I took it over the ICO price with less than what I originally bought in.

Edit: Less than 3.2%

Quit crying bitches... It's C-Cex rules. Every dev gets funds after 3 days. So what are you doing now? Asking an exchange to be a trader? Buy all low price coins and set up a buy wall at ICO price? Are u stupid?? And you can't ask the dev to do it either cause obviously he doesn't have 40-50 BTC! So this is not a scam yet.. it's time to buy. If nothing happens you can cry again in 3 days.

"Developer" will disappear in less than 3 days, and you buy how much you want now!
Do you really believe what dev hero, who deliver new currency for us?

just reminding you guys to stop burning $ to those ICO/IPOs....

it doesn´t matter if this is scam or not you are still self-righteous asshole. Next time use an evidence and arguments (not based on arbitrary coherence).

Dev has negative reputation. That should've been the red flag  :D. I'm glad I didn't invest in this

That's bullshit. :-) Just click on the "Trust" link below his name on the left and you will see just few folks posting some negative comments. I can tel you that you can find tons of red flags in 99% of all coins, in these days nobody is actually developing it's own coin, but copy pastes some other coin where actually the core is still bitcoin code and adds some more features or changes parameters. As you can see clearly on PayCoin which is copy paste of PeerCoin, the magic of making huge volumes is not in the quality or uniqueness of the code but the marketing and hype behind it and distribution among large volume of users. Ordinary people don't care how well the code is written or if it's original, they care about how the coin can be used. And in this case I personally am very interested to see how searching torrents in blockchain functionality will actually work.

Thank you LEONPATTON for this fud, more cheap coins for traders. :-) I checked your posts on Bitcointalk, well there are not many, but in almost every one you are screaming scam. Have you lost some money in crypto that you spread this rage? If you continue screaming your are just doing dirty work for traders who can't wait to have their low buy orders filled.

I'll give you 1000 MGT if the developer does not disappear until early next week. If he will be gone, you're blind AssKissingGuy.

Why is all the FUD usually from newbies with half a dozen posts

I don't understand why there is so much fud in this topic about Magnetz and their devs.
Say what you want but it's been a release than the other cryptocurrency ones, devs seem to be here and they've published everything in time.

Problem?

Problem is that there isn't buy wall which was promised to be put up instant after ICO ends.

Taken from the OP:

Let's wait 3 days and see if wall appears. Remember that C-CEX save the coins since the end of the launch until 3 days later.
Before talking too much I think that we all have to read the #1 (https://bitcointalk.org/index.php?topic=900716.msg9900390#msg9900390) topic message  :D

Funny thing is that there wasn't those 3days mentioned when ICO was running, only after it ended as I can see now, only then it appeared.

I knew someone would quote the edited not original version. So here is the original



I knew someone would quote the edited not original version. So here is the original


[/quote]

That there smells fishy!

C-CEX MUST do something! Dev just fooling us, because he know that after 3days, c-cex will release him our funds and he can cash out them to his wallet and say good bye to all of us. C_CEX must do the WALL now or make this ICO scam and give refund to all.

^^ I think that C-CEX store the ICO funds (BTC) until three days since the end of the ICO phase.

Maybe devs could announce it before, but maybe they don't know that C-CEX save it for three days, it's known that the exchange communication is not always good, as some people published on Twitter.

Anyway, they've published a new tweet with the txid of the non-sold burned coins:
"Remaining MGT ICO coins burned:
78a1025959074c50b7a71a7af03a1d6d34225d4c9047061eeca40ff2a0ae6f21
#magnetz #mgt $mgt"
https://twitter.com/CryptoCurrEncyX/status/550384995148513281

Where is the f'ing dev anyway????  He should be here leaving info continuously.. looks scammy like the other 80% new coindevs pattern to be followed.

Absolutely...

If you look back at his posts he was quite the shakespeare before the ICO ended, but now he's the king of the one liner.

These are just newbies who obviously lost in crypto (as all of us did in the beginning) and thus they feel better if they can at least bitch around in every thread and pull even more people in their abyss of sadness by making wrong decisions. Or maybe this is another league of professional fuders who just want to buy cheap. ;-)

he sits with crossed fingers and eyes closed two more days

CCEX dont have a rule which states 3 days. In fact you can get your ico funds a few hours after its ended.
Its usually just an informal arrangement between them and the dev.

You seem quite desperate to back up this dev which I have to say makes me suspicious.
This dev edited (after the ico ended)  the most important sentence in his Ann and completely changed the rules. Can you imagine
this happening outside of Crypto? It wouldnt because its illegal.

You will never see a btc buywall if you wait 3 days. You want to see that buy wall right now and run it for 3 days. to let people get out if something goes wrong. Why do you care if the buy wall is there?  If this coin is soo good, then let people out and buy back their coins, its the investors mistake, but at least if the dev is deceptive and runs, we have a chance to dump at the ico price. You either have no clue about investing in crypto currencys or you have a different agenda than me.

Yeah sure man Pro fudders on a coin that has minuscule volume. And in case you didnt notice no one is buying the cheaper coins
Whats your agenda?

My agenda?  ;D That's top secret.

So why you not buying up the coins you love so much?

How do you know I'm not buying? You can buy from sell orders if you hurry somewhere or you can support on buy side. And I don't hurry anywhere, I have been in crypto 1 year and the only thing I learned is that patience pays off and panic just means clear loss and I learned to count on losses so if I invest in some coin I invest only amount which I can afford to loose. High risk is always there, this is wild west market environment.

It also makes sense to wait an extra day so the prices get a little lower as well.

And when the dev vanishes how valuable do yo think those cheaper coins will be a day or two later.

Even cheaper...Some you win and some you don't.  I have lost money on mining and ICO. But I have also made enough gains to cover those losses. The key is to on average keep in the black and put the money aside from the big scores. But if you don't try you can be certain never to win. Also if you not going try there is no point in continually going from thread to thread complaining. You not actually doing anything.

The wall will be up January the third. Sorry we were not here yesterday but devs celebrate new years as well!

Thanks dev, nice to see your presence again. I'm not sure if the price will stay so low until you place the buy wall but it's still nice to hear you plan to fulfil your promises to ICO investors who started to feel some fear after couple of troll-rounds. Already some interesting things are happening in MGT order books btw

Info for newbies: the big sell wall appearing today is fake. Somebody want's to buy cheap. So just pretend like it's not there and don't freak out and don't sell because this is what that guy wants apparently.

How many BTC's were in that fake wall?

---

As well, message for ICO investors: Less than 48h since the c-cex MGT/BTC, if you invest is because you know that they're going to be dumpers the first 24h hours… don't feel nervous because people just want to frighten you. Let's see if devs establish that wall and we're going to feel a little bit more "secure"  ;)

All the big sell walls are eaten like they were for free. That's insane.

 ;D ;D maybe someone want cheap coins after the ICO phase, lol.

---

@devs, you can update the OP to make it more friendly for the new users that discover the coin. As well there are things that need to be updated like the first sentence about the ICO ;) Add C-CEX logo on exchanges section and a ref-link to visit the exchange.
Just as a recommendation, hehe.

If they are gonna put buy wall at 733 sat, then this is practical "free" money in next 2 days. But you may never know if they will really put the wall or just disappear.

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying :) If someone can answer this for me that would be awesome :) Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

No I completely understand and in no way was I coming here to scream and shout scam I just received a PM from someone who must've seen me post early in this thread warning me to not participate in the ICO because it was a rip off.  I hope I didn't offend anyone here by asking that question I was just curious if what I heard was true or not that's all :) Cheers

I remember this week how everybody was excited in NakamotoDark coin when volume jumped from 2 to 4 BTC in a day. Well, what can I say then for 30 BTC increase in a day  ;D

http://i58.tinypic.com/2zfpbwy.jpg

I'd have to give this one a 50/50 chance of the Dev doing a vanishing act.

If he does deliver however, this could be BIG.

It's a gamble. You decide.

Agreed.

Dev:  I've downloaded the wallet but i can not unzip the bloody folder, i've tried 7zip and winzip, can you put a link up which is not zipped please?

Yes that it.
My interest is not about dumping what I bought - its about the dev sticking around and not doing a runner with
an insignificant 24 btc. His coin can do way better than it currently is. So lets see what happens tomorrow...
No buy wall - coins is fucked simply due to zero trust in dev.

Dev you need to understand this. Only 5 mil of your coin in existence. Im sure you understand what that can mean...

Yes - a very low amount and providing the dev sticks by his word it means the coin
has the potential to go ballistic.

Ok do it - and dont worry only a few weak hands will dump but I guarantee you its the right move as those
coins you absorb will increase in value substantially.

NoobKid has a bad habit of jump from forum to forum speaking negative about coins. Especially ones he don't even own...

Wake up. This coin is screaming that it's a scam.

What are you talking about? Please inform me which coins I have spoken negatively about?? If I just so happen to do that I would like to see the evidence please and thank you :)

It seems the floor 300-500 SAT won't hold too long, either it will be dumped to ground in panic or somebody who accumulated a lot will place nice big buy wall and the space shuttle Discovery flies away. Then all low sell orders suddenly disappear. :) But just in case I have placed some really low buy orders, because the panic of newbie "crypto traders" is boundless. I bet most of these sell orders have been set just few percent above what was original purchase price or ICO investors selling with losses. So let's say Joe has bought for 360 SAT and set sell order for 400 SAT immediately. 10 percent is nice quick profit, so why not. :-) But when the price jumps from hundreds to thousands, I believe those micro-traders will start jumping off the cliff. I made this mistake so many times in my beginnings. Rather sold quickly with tiny profit (usually 10-20%) than risk a little and make 500-1000% gain which is very common profit margin in crypto. :-) Well, to be honest, I made such quick 10-minutes micro-trade on XPY yesterday. Before the epic dump-fest started I was lucky enough to get my sell order eaten, made 2% profit but my heart almost jumped out of my chest.

No need to reply DEV, your wallets both on the OP and your site contain malware Windows 7 32bit. Avast deleted it so i tried it out on an old pc and it has loads of problems.

Sometimes those anti virus programmes can pick up wallets as something nasty.
But still it would be good if someone could confirm this.

Virustotal shows nothing wrong with the wallet for windows.

https://www.virustotal.com/ca/url/1335710b4c96df27c903a19a511d3374bd66e65ecddfc71f969a6ac1f3ef04cf/analysis/1420237266/

Avast is probably flagging the wallet because it was compiled by an unknown source, I can guarantee there are no problems with the wallet.

where is the 733 sat buy order?

I believe its tomorrow the 3rd.

Dev, what do you think about changing a little bit the ANN?
Modify the information about the ICO, and maybe adding some graphical resources could be good-looking for the new users that visit the Announcement, don't you think so?

If you need help or some graphical resources feel free to send me a direct message and let's see if I can help you  ;)
Anyway when are you going to receive the C-CEX funds? today? 3rd of January  ::)

DEV: could it not be compiled by a known source, i bet other people are having the same problem!  I wouldn't be happy installing this on my main pc with my other wallets as it is.
After i installed it (with my antivirus turned off on my old pc) i ran a virus scan again and it deleted your wallet.  You really need to put this right i think!

Any screenshot or new about the blockchain torrent search engine?
Could be a great idea to see the how is it going or read a @dev update about it  ;)

It seems to be a great system to search torrents online and of course it's going to be good for the cryptocurrency  :P
https://twitter.com/magnetzcrypto/status/550732940368674816

Let's see what devs can explain :D

2015-01-02 20:53:37   Sell   100000   0.315   0.00000315
2015-01-02 20:53:37   Sell   100000   0.315   0.00000315


Price per MGT   MGT amount

0.00000506   100000   0.506

Will the wall appear?

So if I am correct, once the dev place the buy wall for 733 sat with 55 BTC, all the sell orders less than 733 will be filled right :).

But when is this buy wall going to be placed, any exact eta.

It's more like 35BTC, because not all ICO was sold and about 3Millions was destroyed by c-cex. So in theory, if all making sells in 300sat, dev could buy up all coins and still be left with 17BTC free, because people selling at lose rATE now.

Wall incoming...
In 6 hours.
Search engine tomorrow.
 :D

Torrents integrated on blockchain is the final boss of p2p, thousand of nodes couldnt be close, if you can do it, we will free

This is good, another unique idea for the blockchain. With Piratebay down, the timing is good also.

Woop woop, so it's tonite, when trading begins.

Still waiting for the wall
Where is it Dev?

Why do you say 6 hours.Do you know something we don't?

https://www.virustotal.com/nl/file/9aad18b19dd0e646d27591940ef320b8c9a3b29c1bf20af3a83c395cc5ddd725/analysis/1420299385/  :)

That's because you can mine via wallet.

Will be held three days of pre-sales,
less when 3 hours left.

How do you know it? How do you know that wall is going to be there in ~6hours and that the search engine is going to be available tomorrow?
Dev multi-account on bitcointalk?  :D

I don't understand anything…  :-[

Probably he is just trying to hype, to cause a pump :).

Yes and compromise computer security, create annoyances, damage systems or networks, or steal personal information.

Lolz

Looks like everyone got fucked over!

https://i.imgur.com/a3BIwzP.jpg

So WTF is going on here? I have been out 1 day and I see nothing is going on here, just trolls everywhere. It would be really fantastic to get some feedback from dev.

Told ya.

inb4u

BTW I'm not sure if somebody of you noticed but yesterday somebody placed huge sell wall. Then the sell wall was pulled down and the seller decided to sell that in batches as he probably found out people got scared and were not buying from that huge wall. So you could see selling slowly hundreds of thousands of coins for price 300-400 SATs during the day whereas next normal sell orders were above 600 SAT. So clearly somebody wanted to get rid of hundreds of thousands of coins quickly. And many people were buying like crazy, that's why there was volume over 40 BTC alltogether. I have some suspicions and bad feelings what could happen but I don't wanna say it loud as it might not be true so I don't wanna spread fud. Let's see if dev buys all sell orders up to 733 SAT and then places some huge BUY wall.

C-Cex doesn't do anything fast. I'm still crossing my fingers on this one. But I have very low expectations.

I'll say it for you.. you will never see a sell wall set to 733 satoshis. the dev is dumping the coins, who else has that many to dump?

1 yr at trading crypto eh?  im surprised you haven't seen this a dozen times so far.

trusting your trading on this?

Name:  MAGNETZ
Posts:  83
Activity: 28
Position:  Newbie
Date Registered:  December 17, 2014, 05:16:14 PM
Last Active:  January 02, 2015, 06:55:38 PM

9 buy orders left. its over. dead coin. we got scammed. only C-Cex, the dev and few miners won.

I am leaving C-Cex for good. They were aware of the claims of the dev. I know I made them aware. They chose to continue the ICO. Although not directly part of the scam they knowingly participated for profit.
i suggest everyone here pull your funds from C-Cex and move on

I didn't
What I trusted was the ANN stating a buy wall would go up after the ICO ended.
The dev edited this a day after the ICO ended stating the wall would go
up after 'after 3 days'.

So what we had was no buy wall - then me immediately saying this was a scam.
Then the dev edited the ann and even then folks were saying this was
all cool.

I told CCEX 5 times now this is a scam. The first time was 30 mins after ICO ended.
Then when the Dev changed the Ann I told them this was now blatant theft and if they
pay that dev the money their knowingly going along with one thief instead of scores
of people bought the coin - and their customers.

Im well aware of the scams. But now we have a situation where a dev can change the most
important part of his ann, the one line that made sure people would buy in to this coin.


I repeat - he changed that to 3 days after the ICO end. Of course doing this after the actual ICO ended.

This is now a precedent. You can now basically lie about putting up a buy wall in your ico ann
and CCEX dont give a fuck. They take the side of the obvious thief and tell their customers to go
fuck themselves.

Yes me to. They had to be in on this as far as Im concerned.
Ive tweeted and sent them messages.
They couldnt give a fuck

I agree, C-Cex can now go fuck them selves, I hope they fade away into oblivion.

Couldn't have put it better myself.

KILL Yourself C-cex! Together with this fucker dev.

MGT is a fking clone of VTOR i fking told you all got scammed no yall kept faith in him like idiots who cant see scam flipping them off VTOR was 300 sat now its 700 and rising you guys are late

lol. Dev has gone?  :o
If It's true, investors have lost more than ~30BTC. Anyone knows how much people invested on their IPO, aprox?

About C-CEX: They've received their fee or payment for hosting the ICO, so people can send them lots of messages, they're going to ignore it because they have bitcoins on their wallets  :D as easy as that.

---

Domain whois doesn't have too much information. Domain registered without details, just with the cryptocurrency mail address:

Is there anyway to get his info from go daddy?

In next time do not hurry tell thanks to dev or lick him ass.

OMG.. Dev just put 100 BTC buy wall. It's going to the moon  :o

Whahahaha   :P

We developers get caught out to.
No one should feel bad about this. After all, like others I bought some of this my self based on the promise of a buy wall after ico end. Its truly shocking he edited his ann post and changed the meaning of the sentence. Such a shame because they give all us devs a bad name. Maybe Cex havent paid the developer yet and they could throw up the wall and let nature take its course?
I feel so sad for all those who invested. Shame... :(

PS
Developer: if you are around you really need to speak to your investors. You really did (and still could have) a coin with much potential.

^^^^^

Hey good to see you here (under the circumstances).
Your a great dev, always engaging with your investors, and at least you havent vanished :)
Like you I bought some of this only because a buywall was promised.
Your coin is on cex as well. What they like to deal with?

We removed MGT from our pool SHAME on you mo fo

Hi and thanks  8). I have been a little silent on the thread the last couple of weeks due to Xmas, family and so on but will be back on the case asap. We never had any problems with cex but our experience would be different as we didn't do an ico. Our communication with them has been limited. Speaking purely as an investor (not World Trade Funds) I am surprised they didn't at least freeze trading because of how obvious this scam was immediately after the ico ended. I do feel that is a worrying development in crypto if an exchange wont consider such obvious deceit as some kind of default situation.

Actually cex is one of the better exchanges,no bots good selection etc.Exchanges are not there to police things you are there to do due diligence on your own investment

my congratulations guys. But you chosen this coin :)

We took responsibility to run ICO for MGT. They took our conditions. We both filled requirements for each other. We holded funds for 3 days after ICO ends. Finding no problem with mining, wallet and blockchain funds were released for MGT dev. We don't guarantee any promices given by dev. Our mission is to run wallets and make trading possible with best service we can give.

You need to re-evaluate the 3 days hold maybe make it 30 days for future requirements. These ICO scams are getting out of control and you either directly or indirectly are making easy for them to do so...

I see.. so tell me, do you have a lie detector that can tell when a DEV team is just a scam and lying to everyone?? please tell us how you do it so you don't get scammed.. meh.

dude, exchanges should ask for deposit of same amount for 30 days.

you want a 100 BTC ico, need 200 btc ( 100 from ico , 100 from personal)....

after all is clear the 100 ICO is given.. 100 left hold for 30 days more... then once all clear last 100 Btc released...

simple.. banks operate same way.. Secured Credit lines will ask you for 2k Up front, then lend you 2k

Dude, do you think some people actually invest hoping for a nice product? Not everyone is out for fast money. So kill the noise on the crap you saying...

 you want buy cheap coins from ICO and sell with xN profit. But crypto exchanges it's jungle. sometimes you win sometimes lose. But you must think before buy

For three days now people here have been telling you guys to basically  freeze the ICO funds and now you conveniently pop in here after you have supposedly paid the dev the funds claiming your sticking to your rules.
What legitimate business would continue for three days servicing an obvious thief and completely ignoring the alarm bells sent to you by the very people you have a responsibility to - your customers.
Do yo understand what happened here. Your pal changed the rules of his ico after it ended -  from a wall will be up after ico ends to a wall will go up in three days time. Any legitimate exchange would have immediately froze
trading upon seeing that.

So it obvious. Your accomplices. The dev is your pal. Your in this together.
and btw the only reason I and others bought some of these coins is precisely because of that buy wall
This is not being caught out in a pump and dump thing which is par for the course in crypto
this is blatant theft of money facilitated and in cahoots with the exchange.

The only reason your here is damage control.
Exchanges now scamming investors via ico's....  >:(

I think most Of the time you loose but if you win n you usually win big

You hit the nail on the head, C-Cex are going to lose a lot of custom after this, rightfully so too.

Fuck you C-Cex, Fuck you and your eyebrows

http://awesomegifs.com/wp-content/uploads/walter-white-fuck-you-and-your-eyebrows-breaking-bad.gif

Dude - yo don't understand a fundamental thing here.
This ICO was offered with a promised buy wall after it ended.
After the ico ended the dev didnt put up a buy wall and edited
his ann.

So think about what happened here rather than acting like an idiot because this
sets a pretty serious precedent. This makes it open day for any scam dev to say
what they like in their ico ann and simply change it after ico ends and have not a concern
in the world because the exchange will still hand him the ico
funds even knowing its a scam. Were supposed to believe their just doing their
job - nothing to see here etc.
You can see this is really bad right?

stupid lemmings. When I promised I asked C-cex to confirm this

https://i.imgur.com/wV6OEfv.png
https://i.imgur.com/NSEIOlP.png

I can promise anything and without confirm it's shit

What are you even trying to say...
Stop schilling for your own coin and calm down with the arrogant attitude.

ccex controlled the funds adn the point is they were notified
this was a scam within 30 minutes of ico ending. For three days
people have been telling them to take action and now they pop in here
and say they paid the dev - who is of course their pal.

Investors not only had a crooked dev but also a shady exchange to.
cards massively stacked.